How to Apply

Loan Payment Assistance

Signature Express Loan

What you get with a Signature Express Loan

Affordable Borrowing

Get the money you need for less with a competitive low rate, and there are no application fees. No collateral requirements, either.

Rate Discount

If you open a new BBVA Compass consumer checking account and set up auto-debit loan payments from your BBVA Compass checking account, you will receive a 1.00% APR discount.

Simplified Budgeting

Set monthly payments make budgeting easier.

Receive Funds All At Once

You’ll receive a lump sum of cash you can use for whatever you want or need.

Signature Express: Loans are subject to eligibility, underwriting, and approval, including credit approval. The offered APR will vary between 8.02% and 23.46% APR based upon creditworthiness, loan amounts, term length, and amount of Interest Surcharge. Payment examples and quoted APRs do not include discounts. Enrollment in auto-debit loan payments from a BBVA Compass checking account is required to receive a 1.00% rate discount and the BBVA Checking Account must be opened prior to the loan being finalized. The loan must be at least $10,000 and the term must be at least 36 months to receive the .50% rate discount. Enrollment in the Everyday Hero Program at the time the loan in finalized is required to receive the .25% rate discount. Interest Surcharges will be refunded on a pro-rated basis if the loan is repaid within 90 days but the bank will always retain a minimum of $25 of the Interest Surcharge.

Customer Profile

Monthly Terms

Loan Amount

Rates

Excellent Credit

12-72 months

$2,000-$100,000

As low as 7.99%,
8.02% APR*

Good Credit

12-72 months

$2,000-$100,000

As low as 10.99%,
11.02% APR*

Acceptable Credit

12-60 months

$2,000-$100,000

As low as 13.99%,
14.02% APR*

Sub-Prime Credit

12-48 months

$2,000-$10,000

As low as 21.99%,
22.28% APR*

* Please see below for detailed pricing information.

Loans are subject to eligibility, underwriting, and approval, including credit approval. The offered APR will vary between 8.02% and 23.46% APR based upon creditworthiness, loan amounts, term length, and amount of Interest Surcharge. Payment examples and quoted APRs do not include discounts. Enrollment in auto-debit loan payments from a BBVA Compass checking account is required to receive a 1.00% rate discount and the BBVA Checking Account must be opened prior to the loan being finalized. The loan must be at least $10,000 and the term must be at least 36 months to receive the .50% rate discount. Enrollment in the Premier Personal Banking Program at the time the loan is finalized is required to receive the .25% rate discount. Interest Surcharges will be refunded on a pro-rated basis if the loan is repaid within 90 days but the bank will always retain a minimum of $25 of the Interest Surcharge.

If customer has payments auto-debited from BBVA Compass consumer checking account, then a 1.00% discount will apply.

If customer is a part of the Premier Personal Banking program, then a 0.25% discount will apply.

If customer’s loan is for more than $10,000 and at least 36 month term, then a 0.50% discount will apply.

Additional Interest Surcharge payable at closing:

If loan is between $2,000 - $4,999, then a $15 interest surcharge applies.

If loan is between $5,000 - $7,499, then a $30 interest surcharge applies.

If loan is between $7,500 - $9,999, then a $50 interest surcharge applies.

If loan is $10,000 or greater, then a $75 interest surcharge applies.

Payment Examples

For customers with sub-prime credit, the available amounts a 24 month loan for $10000 and an APR of 22.78% will have 24 monthly payments of $518.73 and an Interest Surcharge of $75 payable at closing.

For customers with acceptable credit, a 24 month loan for $10000 and an APR of 14.76% will have 24 monthly payments of $480.08 and an Interest Surcharge of $75 payable at closing.

For customers with good credit, a 24 month loan for $10000 and an APR of 11.75% will have 24 monthly payments of $466.03 and an Interest Surcharge of $75 payable at closing.

For customers with excellent credit, a 24 month loan for $10000 and an APR of 8.74% will have 24 monthly payments of $452.23 and an Interest Surcharge of $75 payable at closing.

Eligible for Residents of:

Loan Payment Assistance

Simplified Line of Credit

What you get with a Simplified Line of Credit®

Unlimited Advances

You’ll have unlimited access to cash when you need it up to your available credit limit. (Minimum advance $1,000)*

Rate Discount

You’ll get a 0.50% off your APR if you have your monthly payments automatically deducted from your BBVA Compass checking or savings account.

Use For Anything

You can use your line however and for whatever you want or need.

Multiple Ways to Access

You can visit a branch, use a convenience check, or just give us a call.

Savings and Flexibility

You’ll get a competitive APR and pay no annual fee. Plus, there are no prepayment penalties or collateral requirements.

Interest Rates and Interest Charges

Annual Percentage Rate (APR)

9.24% to 23.74% , based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

Paying Interest

We start charging interest on the transaction date. There is no way to avoid interest.

Fees

Transaction Fees

Advance Fee

3% of the amount of each advance.

Penalty Fees

Late Payment

$39

Returned Payment

$25

These terms are accurate as of July 1, 2015. You can always find out the most current terms by contacting us at: Compass Bank, P.O. Box 2210, Decatur, AL 35699, or 1-800-239-5175.

How We Will Calculate Your Balance: We use a method called "daily balance" (including new transactions).

All loans and lines of credit are subject to approval, including credit approval.

Simplified Line of Credit may not be available to residents of all states.

California Residents: Married applicants may apply for separate accounts.

Delaware Residents: Service charges not in excess of those permitted by law will be charged on the outstanding balance from month to month.

Ohio Residents: The Ohio law against discrimination requires that all creditors make credit equally available to all creditworthy customers, and that the credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.

Maryland Residents: Finance charges will be imposed in amounts or at rates not in excess of those permitted by law.